Effective July 1, the grantor’s tax in Northern Virginia and Hampton Roads will increase.

The legislature passed a 5 cent per $100 increase in Northern Virginia and a 6 cent per $100 increase in Hampton Roads to be used for their regional transportation projects. The Governor’s proposal had included a 10-cent increase in both regions and NVAR successfully lobbied to have theirs reduced to 5 cents. The Realtor® associations … Continue reading “Effective July 1, the grantor’s tax in Northern Virginia and Hampton Roads will increase.”

Is Coronavirus Going to Impact Real Estate?

We’ve seen a strong seller’s market over the past few years because there have been more buyers than homes for sale, but this might be changing. Before the coronavirus hit, the percentage of agents characterizing their market as favoring sellers was already trending smaller as the year went on. Click here to read more.

Listed for $269,950 Richmond, VA

Shockhoe Valley Lofts, RICHMOND. This downtown property features stunning skyline views from this spacious condo. Open floor plan offers lots of room for entertaining. With close to 1500 SF, hardwood floors and carpet, two bedrooms and one full bath. Dining room has storage and can convert to a bedroom! The kitchen features maple cabinets, granite … Continue reading “Listed for $269,950 Richmond, VA”